EDUCATION SECTOR

FUNDING

• business plan contains many sections, and if you are looking for funding from outside sources, you will need to include the funding request.

• You use the funding request section to provide information on your future financial plans, such as when and how much funding you might need.

• Later, you can update this section when you need outside funding for business growth.

• If you’re submitting just the funding request, you’ll need this information to help financial sources understand your money situation.

• Provide financial details such as income and cash flow statements and balance sheets. Offer your projected financial information.

• If you’re asking for a loan for which you’ll be offering collateral, include information about the asset. If the business had debt, outline your plan for paying it off.

• Finally, share how you’ll pay the loan or what sort of return on investment (ROI) investors can expect by investing in your business.